**AIRCRAFT LEASE AGREEMENT** 

  

 **THIS AIRCRAFT LEASE AGREEMENT** is made as of August 15, 2003 and is 

  

 **BETWEEN:** 

  




|  |  |  |
| --- | --- | --- |
|   | (1) | AFS Investments [    ] LLC, a limited liability company organized under the Laws of the State of Delaware having its principal place of business and chief
executive office at 201 High Ridge Road, Stamford, Connecticut 06927 (“Lessor”); and  |

  




|  |  |  |
| --- | --- | --- |
|   | (2) | AirTran Airways, Inc., a company incorporated under the Laws of the State of Delaware having its principal place of business and chief executive office at 9955 AirTran Boulevard,
Orlando, Florida 32827 (“Lessee”).  |

  

 **WHEREAS:** 

  




|  |  |  |
| --- | --- | --- |
|   | (A) | Lessee wishes to lease the Aircraft (as defined below) from Lessor, and Lessor wishes to lease the Aircraft to Lessee, on the terms and subject to the conditions provided herein;
 |

  




|  |  |  |
| --- | --- | --- |
|   | (B) | Aviation Financial Services Inc. (“AFSI”), an Affiliate of Lessor, and Lessee have entered into the Common Terms Agreement (as defined below) in respect of aircraft that
may be leased from time to time by Lessee or one of its Affiliates from Lessor or one of its Affiliates; and  |